An interesting article from online at 'The Australian': should be in print on Friday 12 May 2023:

(only a small extract is below):

Meet the Australian oil giant you’ve never heard of

GrainCorp boss Robert Spurway said the company is a leading supplier of used cooking oil in Australia, which is used to make biofuel.

• By JARED LYNCH

  
  
• 3:45PM May 11, 2023

"Australia has a new energy giant – although you won’t find this company near an offshore rig, a coal mine or feeling the breeze from wind turbines.

ASX-listed grains handler, GrainCorp, has upgraded its full-year profit forecast and announced a special dividend after processing the “third bumper crop” on Australia’s east coast.

The company expects to deliver a full year net profit of $220-260m versus its previous estimate of $180-220m, and a key part of the upbeat forecast is its feeds, fats and oil business, which includes biodiesel.

Chief executive Robert Spurway said the company’s burgeoning Agri-Energy or biofuel division was an “often overlooked component of our business” – and one which allows Australians to fill up their car and have their breakfast cereal too.

While biofuel has attracted criticism for swallowing cereal crops, GrainCorp’s business collects oil from fast food restaurants such as McDonald’s and KFC to turn into diesel.

“We are already a leading supplier of used cooking oil in Australia,” Mr Spurway said..."